Beloit, WI vs Waukesha, WI

There is a significant gap in the cost of living between these two cities. Beloit is 21.4% cheaper than Waukesha. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beloit to Waukesha should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beloit is $989/month compared to $1,183/month in Waukesha — a 16% difference. Home values follow the same pattern: Beloit is more affordable at $133,500 median vs $286,600.

Median household income in Beloit is $59,975 compared to $81,651 in Waukesha (-26.5%). While Waukesha is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beloit spend roughly 19.8% of their income on rent, more than the 17.4% in Waukesha.